Aakaar Medical Technologies (NSE:AAKAAR) Interest Coverage: 17.54 (As of Mar. 2026) — 177% Above Median

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NSE:AAKAAR Aakaar Medical Technologies Ltd NSE:AAKAAR
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What is Aakaar Medical Technologies Interest Coverage?

Aakaar Medical Technologies NSE:AAKAAR -1.06% 20 Interest Coverage is 17.54 as of Mar. 2026, which is 177% above its 10-year median of 6.34. GuruFocus rates NSE:AAKAAR with a GF Score™ of 20/100. The stock has 3 warning signs investors should review. Among 466 Medical Devices & Instruments companies, Aakaar Medical Technologies ranks worse than 71.24% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Aakaar Medical Technologies's Operating Income for the six months ended in Mar. 2026 was ₹107.7 Mil. Aakaar Medical Technologies's Interest Expense for the six months ended in Mar. 2026 was ₹-6.1 Mil. Aakaar Medical Technologies's interest coverage for the quarter that ended in Mar. 2026 was 17.54. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Aakaar Medical Technologies's Interest Coverage or its related term are showing as below:

NSE:AAKAAR' s Interest Coverage Range Over the Past 10 Years
Min: 5.06   Med: 6.34   Max: 12.9
Current: 6.34


NSE:AAKAAR's Interest Coverage is ranked worse than
71.24% of 466 companies
in the Medical Devices & Instruments industry
Industry Median: 16.05 vs NSE:AAKAAR: 6.34

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Aakaar Medical Technologies  (NSE:AAKAAR) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Aakaar Medical Technologies Interest Coverage Related Terms


Aakaar Medical Technologies Interest Coverage Historical Data

* Premium members only.

The historical data trend for Aakaar Medical Technologies's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Aakaar Medical Technologies Interest Coverage Chart

Aakaar Medical Technologies Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
12.90 11.02 5.06 6.15 6.34

Aakaar Medical Technologies Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Coverage Get a 7-Day Free Trial No Debt 1.70 10.76 0.00 17.54

NSE:AAKAAR vs ABT, SYK, MDT: Interest Coverage Comparison

For the Medical Devices subindustry, Aakaar Medical Technologies's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Aakaar Medical Technologies Interest Coverage vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Aakaar Medical Technologies's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Aakaar Medical Technologies's Interest Coverage falls into.


NSE:AAKAAR
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Aakaar Medical Technologies Ltd NSE:AAKAAR
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Aakaar Medical Technologies Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Aakaar Medical Technologies's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Aakaar Medical Technologies's Interest Expense was ₹-16.5 Mil. Its Operating Income was ₹104.9 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*104.879/-16.545
=6.34

Aakaar Medical Technologies's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Aakaar Medical Technologies's Interest Expense was ₹-6.1 Mil. Its Operating Income was ₹107.7 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*107.677/-6.138
=17.54

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 17.54 mean?
Aakaar Medical Technologies (NSE:AAKAAR) has a Interest Coverage of 17.54 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Aakaar Medical Technologies and its competitors. This is 177% above median its historical median of 6.34. Over the past decade, Aakaar Medical Technologies' Interest Coverage has ranged from 5.06 to 12.90. According to the industry distribution chart, Aakaar Medical Technologies ranks #332 out of 466 companies in the Medical Devices & Instruments industry, placing it in the top 71.2%.
Is Aakaar Medical Technologies' Interest Coverage too high?
Aakaar Medical Technologies' current Interest Coverage of 17.54 is 177% above median its 10-year median of 6.34. Over the past 10 years, this metric has ranged from a low of 5.06 to a high of 12.90. The Medical Devices & Instruments industry median Interest Coverage is 16.05. Aakaar Medical Technologies' value of 17.54 is 9.3% above this industry median. Based on the distribution chart, Aakaar Medical Technologies ranks #332 out of 466 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Aakaar Medical Technologies has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Aakaar Medical Technologies' Interest Coverage compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Aakaar Medical Technologies ranks #332 out of 466 companies for Interest Coverage. This places Aakaar Medical Technologies in the lower half of its industry. The industry median Interest Coverage is 16.05. Aakaar Medical Technologies' value of 17.54 is 9.3% above this benchmark. Historically, Aakaar Medical Technologies' own Interest Coverage has ranged from 5.06 to 12.90 over the past decade. While the company's 10-year median is 6.34 vs. the industry median of 16.05, Aakaar Medical Technologies has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Medical Devices & Instruments company?
The median Interest Coverage among Medical Devices & Instruments companies is 16.05, based on 466 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aakaar Medical Technologies's current Interest Coverage of 17.54 is 9.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Aakaar Medical Technologies and its competitors. For the Medical Devices & Instruments industry, the median Interest Coverage is 16.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aakaar Medical Technologies's current Interest Coverage is 17.54, which is 177% above median its own 10-year median of 6.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aakaar Medical Technologies stock overvalued right now?
Aakaar Medical Technologies (NSE:AAKAAR) has a current Interest Coverage of 17.54. The current Interest Coverage is 17.54, which is 177% above median its 10-year median of 6.34 and 9.3% above the Medical Devices & Instruments industry median of 16.05. Aakaar Medical Technologies' overall GF Score™ is 20/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Aakaar Medical Technologies (NSE:AAKAAR), the current Interest Coverage is 17.54 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Aakaar Medical Technologies Business Description

Address Telli Galli Cross Road, A - 801, Heritage Plaza, Andheri East, Mumbai, MH, IND, 400 069
Aakaar Medical Technologies Ltd is a medical aesthetic company dealing in a wide range of aesthetics & specialized cosmetic products & devices. Its product range includes both Own brands (domestically manufactured products & internationally manufactured devices) and Imported Brands (distribution of imported brands) from countries such as Korea, Spain, Italy, and Austria. It has established a distinctive presence in the medical aesthetic market by exclusively focusing on business-to-business(B2B) channels for product distribution and sales. The company supply its products & devices to dermatologists, plastic surgeons, aesthetic physicians who then sell these products to their end consumers as well as use certain device consumables as part of their treatments.
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